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Blue-Chip Stock |
Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson | 0.02 sec. |
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Blue-Chip Stock What Does Blue-Chip Stock Mean? The stock of a well-established and financially sound company that has demonstrated an ability to pay dividends in both good and bad times. Investopedia explains Blue-Chip Stock These stocks are usually less risky than other stocks. The stock price of a blue chip usually closely tracks the S&P 500 Index. Related Terms: How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The latest bout of Wall Street pessimism sent its blue-chip stock below $20 a share for the first time since October 1995 - down nearly 60 percent since peaking at $49. That way, you can get into a solid blue-chip stock even after a major rally by that segment of the market, and still stand to make healthy gains. Meanwhile, by buying the MO shares, you not only get a solidly performing blue-chip stock, but you also get the KFT shares that will be distributed to MO share holders. |
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